Nasdaq NLX in talks over new product launch

European rates exchange is looking to revive trading after disappointing year

European exchange Nasdaq NLX has opened
talks with clients about launching a single bond future to
complement its established rates products as part of a broader
effort by the exchange to reinvent itself.

NLX is said by sources to have approached
banks, brokers and asset management firms about the possibility
of launching a futures contract linked to a single bond.